Complete question:
Tim and Michelle have decided to form a partnership with a 60/40 partnership interest ratio. Tim contributes $7500 cash and merchandise inventory with a market value of $1500. While journalizing this transaction ________.
A) Tim, Capital will be debited for $9000
B) Tim, Capital will be credited for $9000
C) Tim, Capital will be credited for $6000 and Michelle, Capital will be credited for $4500
D) Tim, Capital will be debited for $6000 and Michelle, Capital will be debited for $4500
Answer: Tim, Capital will be credited for $9000
Explanation: Tim's total contribution towards the partnership will be recorded as his capital. Since he has contributed $7,500 worth of cash, and merchandise inventory with a market value of $1,500. The market value of the merchandise inventory and the cash contributed adds up towards his capital contribution. This is $7,500 + $1,500 which sums up to a total of $9,000.
The recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance is a true statement.
<h3>What does recency effect refer to?</h3>
The recency effect is a memory phenomena where individuals tend to accurately recall information that is most recent. It is a cognitive bias whereby the last things, concepts, or arguments are remembered more vividly than the initial ones. The recency effect, in contrast to the primacy effect, is the propensity for people to more readily recall items that are presented last in a list. This is probably because those items were the most recent and are still stored in your short-term memory in the case of the recency effect.
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Answer:
The appropriate answer is "$8,457,50".
Explanation:
The given values are:
Direct material cost,
= $9,500
Direct labor cost,
= $10,400
Units completed in job 412,
= 4
Now,
The total cost for completion of job 412 will be:
= 
On substituting the values, we get
= 
= 
($)
Unit produced cost will be:
= 
= 
($)
70% of unit produced cost will be the profit margin, then
= 
= 
($)
hence,
The price charged to the customer will be:
= 
On substituting the values, we get
= 
= 
($)
The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
<h3>What is importance of of Competitive Advantage</h3>
A competitive advantage serves as one that distinguishes a company from its competitors.
This helps in the getting of more customers, as well as brand loyalty and it is very essential to business so as be able to succeed.
In this case, The significance of creating of competitive advantage for a multinational electronics corporation such as Samsung is to be able to expand on international markets and to be able to maintain the Lower production costs.
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